MSO Acquisition - Page 2

mrmustang · #21 (**permalink**) 08-07-2021, 03:42 AM

Quote:

Originally Posted by DeaconR

Thanks Jon,

If I understand correctly are you saying that I can register this car in the US (in New Hampshire with NH plates) and would be documented under my Canadian residence address. Which would allow me to bring it over the boarder and keep in Canada.

In your case, this scenario will not work.

SunDude · #22 (**permalink**) 08-07-2021, 04:45 AM

Quote:

Originally Posted by DeaconR

Thanks for this Brian! Great insight. Looks like I'm in the same boat.
I have a Experian Auto Check Report.
This report actually shows Company manufacturer / VIN of car / Date of Car / Date of first Tittle and Assembled.
Would this report check out? I've just acquired it.

I would contact/phone the CBSA office at the border where you intend to cross with the car, and ask them if the Experian report is acceptable proof that the car is at least 15 years old. If so, you're good to go on that front. If not, you might try contacting the DMV in the U.S. state where you bought the car to see if they can sell you a complete vehicle history that shows the original date of registration.

Quote:

Originally Posted by DeaconR

Thanks Tony,

In my case I'm looking to prove that the Cobra was built in SA, for Boarder Security purpose and also avoid paying duties. But the headache of the hunt for such a document is almost worth the duties price tag. Is what it is.

Cheers

Most likely you'll end up paying the 6.1% import duty. Canada doesn't have a free trade agreement with South Africa, and the regional value content requirement under NAFTA (in effect when the rolling chassis was built in 1999) was 62.5% which cannot be satisfied by installing the engine/transmission into the rolling chassis. Note, the retail sales tax (HST) is applied after the duties are calculated, so you will effectively be paying tax on a tax.

Where are you in Ontario? I'm in Ottawa. Have you figured out how to insure the car yet?

Mark IV · #23 (**permalink**) 08-07-2021, 05:15 AM

A Canadian cannot drive a US registered car into Canada unless it is a rental with a valid rental agreement. We had a Canadian who has a home in Florida who wanted to purchase a GT40 and register it to his Florida address. No problem driving it in the US, however it would not be allowed over the Canadian border with him driving. They have the loopholes pretty well closed.

patrickt · #24 (**permalink**) 08-07-2021, 02:04 PM

Quote:

Originally Posted by Mark IV

A Canadian cannot drive a US registered car into Canada unless it is a rental with a valid rental agreement.

We had a Canadian who has a home in Florida who wanted to purchase a GT40 and register it to his Florida address ... it would not be allowed over the Canadian border with him driving.

Why not have his brother-in-law own the car and just rent it from him with a nice valid rental agreement?

mrmustang · #25 (**permalink**) 08-07-2021, 03:11 PM

Quote:

Originally Posted by patrickt

Why not have his brother-in-law own the car and just rent it from him with a nice valid rental agreement?

Canadian authorities have been known to seize and crush vehicles found to be brought in under such and other nefarious circumstances.

patrickt · #26 (**permalink**) 08-07-2021, 03:14 PM

Quote:

Originally Posted by mrmustang

Canadian authorities have been known to seize and crush vehicles found to be brought in under such and other nefarious circumstances.

That's why you have your brother-in-law own it.

cycleguy55 · #27 (**permalink**) 08-08-2021, 12:46 PM

Quote:

Originally Posted by mrmustang

Canadian authorities have been known to seize and crush vehicles found to be brought in under such and other nefarious circumstances.

I can see no scenario where "it's easier to ask for forgiveness than permission".

The message here, and in some other comments is this: Don't attempt to 'beat the system' or do any kind of 'end around' on the rules and regulations. CBSA and the Canadian Government have zero tolerance and seemingly quite willing to make an example of anyone who attempts to do anything other than 'play by the rules'.

mrmustang · #28 (**permalink**) 08-08-2021, 02:14 PM

Quote:

Originally Posted by cycleguy55

I can see no scenario where "it's easier to ask for forgiveness than permission".

The message here, and in some other comments is this: Don't attempt to 'beat the system' or do any kind of 'end around' on the rules and regulations. CBSA and the Canadian Government have zero tolerance and seemingly quite willing to make an example of anyone who attempts to do anything other than 'play by the rules'.

Exactly, those who believe they can reinvent the wheel are the ones who have been the downfall of many others. What happened in California many years ago when they were revoking titles and registrations after they caught someone trying to not pay their fair share of sales taxes by using "Titles Unlimited". Then someone in Canada who attempted to bring in a finished SPO series car (crushed if I remember correctly , as an example to others) as a "vintage automobile", again, to circumnavigate around the costly taxes that would have had to be surrendered. Countless states that then followed California's lead and started looking much harder at anything that did not fit in their round holes properly. What started out as a simple titling procedure, has now, in most states, been brought to an end as loophole after loophole has been sealed shut. In closing, and as a warning to others going forward, do not think that state motor vehicle agencies do not silently troll sites just like this looking for such posts and threads just like this one. They are not as stupid or as mismanaged internally as one might think when it comes to garnering every penny of revenue they can for their state coffers.

Bill S.

patrickt · #29 (**permalink**) 08-08-2021, 02:27 PM

Hmmmm, I bet you can get a special endorsement that covers governmental forfeiture. Then, if your agreed upon value is above what you had in the car to begin with, you'd actually come out ahead in spite of the whole mess.

cycleguy55 · #30 (**permalink**) 08-09-2021, 11:15 AM

Quote:

Originally Posted by patrickt

Hmmmm, I bet you can get a special endorsement that covers governmental forfeiture. Then, if your agreed upon value is above what you had in the car to begin with, you'd actually come out ahead in spite of the whole mess.

Lloyd's of London will insure against a lot of perils, but I just don't see that in their portfolio.